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Jun 30, 2020
CNB Financial Q2 2020 Earnings Report
Reported earnings per share of $0.54 compared to $0.64 for second quarter 2019
Key Takeaways
CNB Financial Corporation reported a net income of $8.2 million, or $0.54 per diluted share, for the quarter ended June 30, 2020. The results reflect the challenges and rewards of helping customers navigate a difficult period, with a favorable financial performance and a positive outlook.
Net income was $8.2 million, or $0.54 per diluted share.
Loans totaled $3.0 billion, including $217 million in Paycheck Protection Program (PPP) loans.
Deposits totaled $3.6 billion, including an estimated $217 million in PPP deposits.
The Corporation’s cash position totaled approximately $663 million.
CNB Financial
CNB Financial
CNB Financial Revenue by Segment
CNB Financial Revenue by Geographic Location
Revenue by Segment
Buffalo market Revenue
CapyFin.comRevenue by Geographic Location
Buffalo Market Revenue
CapyFin.com Forward Guidance
The Corporation is confident to help keep communities safe, employed and encouraged for the future.